ESG / Sustainability

MAS Extends Liquidity Facility for FIs to Support SME Lending

12/10/2020

Enterprise Singapore has likewise extended its Temporary Bridging Loan Programme and its trade loan financing scheme, and enhanced its project loan financing scheme.

AML / KYC

RegTech Asia 2020: The Evolution of Typologies

12/10/2020

How have financial crime typologies been evolving in recent years, and how are they being used by financial institutions to combat crime?

Fintech / Regtech

BOJ to Commence CBDC Testing as Early as April 2021

12/10/2020

A proof of concept will take place over two phases, followed by a possible pilot programme involving private payment service providers and end-users.

AML / KYC

RegTech Asia 2020: The Future of AML & Fraud Case Management

11/10/2020

How can current practices in AML and fraud case management and investigations be enhanced with technology and data for better, faster outcomes?

Market Infrastructure

SWIFT Completes Another gpi Pilot with UK Faster Payments

11/10/2020

Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.

Big Picture

SupTech Increasingly a Strategic Priority for Authorities: FSB

11/10/2020

The majority of authorities surveyed by the FSB had a SupTech, innovation or data strategy in place. SupTech is most commonly used in regulatory reporting and data management.

AML / KYC

US Imposes Sanctions Against 18 Iranian Banks

11/10/2020

FIs transacting with the sanctioned banks after a 45-day wind-down period may expose themselves to secondary sanctions or be subject to an enforcement action, Treasury said.

Market Infrastructure

CSRC Forms Preparatory Group for Guangzhou Futures Exchange

11/10/2020

The establishment of a new futures exchange in Guangzhou was part of a policy blueprint for the GBA released earlier this year.

Fintech / Regtech

BOK On Track to Test CBDC Distribution in 2021

11/10/2020

The distribution and circulation test is the final part of a three-step, 22-month pilot programme which commenced in April.